Technical Analysis

Tue, 14 Jan 2020 10:40:25 GMT

EUR/USD remains below 1.1150

On Monday, the EUR/USD currency pair tried to surpass the weekly PP at 1.1139. During today's morning, the pair continued to test the given resistance.

Tue, 14 Jan 2020 10:40:07 GMT

NZD/USD decline likely to continue

The New Zealand Dollar declined by 32 basis points against the US Dollar on Monday. The NZD/USD currency pair continued to trade in the descending channel pattern on Tuesday morning.

Tue, 14 Jan 2020 10:38:36 GMT

USD/CAD could edge higher

The US Dollar traded with low volatility against the Canadian Dollar on Monday. The 50– hour simple moving average provided resistance for the currency pair at 1.3060, while the 100– hour SMA provided support at 1.3036.

Tue, 14 Jan 2020 10:36:34 GMT

AUD/USD mixed signals

The Australian Dollar declined by 25 basis points against the US Dollar on Monday. The decline began after the currency pair tested the 38.20% Fibonacci retracement level at 0.6920 during yesterday's trading session.

Tue, 14 Jan 2020 10:34:16 GMT

EUR/JPY remains near 122.91

The common European currency edged higher by 71 basis points against the Japanese Yen. The currency pair breached the weekly R1 at 122.32 during yesterday's trading session.

Mon, 13 Jan 2020 11:11:06 GMT

NZD/USD potential decline

The New Zealand Dollar surged by 43 basis points against the US Dollar on Friday. The currency pair tested the upper boundary of a descending channel pattern at 0.6652 on Monday morning.

Mon, 13 Jan 2020 10:13:17 GMT

USD/CAD set for breakout

The US Dollar declined by 40 basis points against the Canadian Dollar on Friday. The currency pair tested the weekly pivot point at 1.3036 during Friday's trading session.

Mon, 13 Jan 2020 09:04:48 GMT

AUD/USD tests 38.20% Fibonacci retracement level

The Australian Dollar surged by 56 basis points against the US Dollar on Friday. The currency pair breached the 50– and 100– hour simple moving averages during Friday's trading session.

Mon, 13 Jan 2020 08:57:30 GMT

XAU/USD squeezed by 100- and 200-hour SMAs

On Friday, the XAU/USD exchange rate traded sideways around the 1,555.00 level. During today's morning, the rate continued to consolidate at the given level.

Mon, 13 Jan 2020 08:42:41 GMT

USD/JPY consolidates at 109.60

During previous trading session, the USD/JPY currency pair consolidated at the 109.60 level. During Monday morning, the pair maintained its consolidation.

Mon, 13 Jan 2020 08:38:30 GMT

EUR/JPY targets at 122.32

The single European currency has surged by 50 basis points against the Japanese Yen since Friday's trading session. The 50- hour simple moving average guided the currency pair during last week's trading sessions.

Mon, 13 Jan 2020 08:33:24 GMT

GBP/USD pressured by 55-hour SMA

During last trading session, the GBP/USD exchange rate tried to surpass the resistance level formed by the 55-hour SMA at 1.3090. During Monday morning, the rate was trading below 1.3040.

Mon, 13 Jan 2020 08:09:01 GMT

EUR/USD tested medium-term channel

On Friday, the EUR/USD currency pair reversed north from the lower boundary of the medium-term ascending channel at 1.1090. During today's morning, the pair was testing the resistance provided by the 100-hour SMA at 1.1126.

Fri, 10 Jan 2020 12:27:44 GMT

XAU/USD consolidated at 1,550.00

On Thursday, the XAU/USD exchange rate consolidated at the 1,550.00 level. During today's morning, the rate maintained its consolidation.

Fri, 10 Jan 2020 12:24:18 GMT

USD/JPY trades at 109.60

Yesterday, the USD/JPY currency pair tested the upper boundary of the long-term descending channel. During Friday morning, the pair breached the given channel north.

Fri, 10 Jan 2020 12:20:55 GMT

GBP/USD remains above 1.3020

On Thursday, the GBP/USD exchange rate tested the 1.3020 level. During today's morning, the rate tested the resistance formed by the 55-hour SMA at 1.3087.

Fri, 10 Jan 2020 12:17:05 GMT

EUR/USD is below 1.1120

Yesterday, the EUR/USD currency pair breached the medium-term ascending channel south. During Friday morning, the pair traded in the 1.1100 area.

Fri, 10 Jan 2020 10:22:21 GMT

NZD/USD pressured by 50– hour SMA

The New Zealand Dollar has continued to edge lower against the US Dollar since yesterday's trading session. The currency pair declined by 56 basis points on Thursday.

Fri, 10 Jan 2020 09:53:29 GMT

USD/CAD two scenarios likely

During the first part of yesterday's trading session, the US Dollar appreciated by 65 basis points against the Canadian Dollar. However, the currency pair yielded the earlier gains at the end of Thursday's session.

Fri, 10 Jan 2020 09:09:29 GMT

AUD/USD breakout occurs

The Australian Dollar has surged by 32 basis points against the US Dollar since yesterday's trading session. A breakout occurred through the upper boundary of a descending channel pattern during the morning hours on Friday.

Fri, 10 Jan 2020 08:53:51 GMT

EUR/JPY tests 61.80% Fibo level

The Eurozone single currency has surged by 59 basis points against the Japanese Yen since yesterday's trading session. The currency pair breached the 61.80% Fibonacci retracement level at 121.61 on Friday morning.

Thu, 09 Jan 2020 10:51:07 GMT

XAU/USD declined below 1,560.00

During Wednesday, the XAU/USD exchange rate traded downwards. During today's morning, the rate tested the support formed by the monthly R1 and the 200-hour SMA at 1,544.31.

Thu, 09 Jan 2020 10:49:35 GMT

USD/JPY could reverse south

Yesterday, the USD/JPY currency pair skyrocketed to the weekly R1 at 109.17. During Thursday morning, the pair raised to the monthly R1 at 109.47.

Thu, 09 Jan 2020 10:47:21 GMT

GBP/USD tumbled to 1.3020

Yesterday, the GBP/USD exchange rate consolidated in the 1.3100 area. During Thursday morning, the rate tumbled to the 1.3020 level.

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